#TrumpMediaBitcoinTreasury Recent reports indicate a significant shift in Donald Trump's stance on cryptocurrency, particularly Bitcoin, and his media company, Trump Media & Technology Group (TMTG), is actively pursuing large-scale investments in the digital asset space.
Trump's Evolving Stance on Bitcoin and Cryptocurrency:
Previously, Trump expressed skepticism about cryptocurrencies, even calling them "not money." However, he has since become a vocal proponent of the industry. Upon resuming the presidency in 2025, he reportedly vowed to make the U.S. the "crypto capital of the planet." This includes signing an executive order in March 2025 to create a strategic Bitcoin reserve and a U.S. digital asset stockpile, while also aiming to loosen federal regulations on the industry. He has also hosted major crypto investors and his administration is developing strategies for acquiring additional government Bitcoin without imposing incremental costs on taxpayers.
Trump Media & Technology Group (TMTG) and Bitcoin:
Trump Media & Technology Group (NASDAQ: DJT), the company behind Truth Social, is making a substantial push into the cryptocurrency market. Reports indicate that TMTG plans to raise $3 billion (with some sources specifying $2.5 billion) to acquire cryptocurrencies, primarily Bitcoin, to establish a "Bitcoin treasury." This fundraising is expected to involve selling $2 billion in fresh equity and $1 billion through convertible bonds. TMTG's CEO, Devin Nunes, has stated that the company views Bitcoin as an "apex instrument of financial freedom" and that holding it will help defend the company against "harassment and discrimination by financial institutions." They also plan to launch retail investment products, including crypto and exchange-traded funds aligned with Trump's "America First" policies.
U.S. Treasury and Bitcoin:
The concept of a U.S. Strategic Bitcoin Reserve is gaining traction, largely due to Trump's initiatives. The U.S. government already holds a significant amount of Bitcoin, estimated at around 200,000 BTC as of March 2025....
